Long-term financial sustainability: An evaluation methodology with threats considerations

Author/s Lidiya Guryanova, Olena Bolotova, Vitalii Gvozdytskyi, Sergienko Olena
Publishing Year 2020 Issue 2020/1 Language English
Pages 23 P. 47-69 File size 270 KB
DOI 10.3280/RISS2020-001004
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It is shown that one of the directions for increasing the efficiency of managing corporate systems (CS) under the influence of a large number of destabilizing fa-tors ("shocks", threats) is the development of a set of models of estimation and analysis of the long-term stability of CS in proactive contour of management, which allow timely diagnosing a decrease in the company’s security level and adopting effective preventive management decisions. A review of existing approa-ches to the formation of such a set of models showed a number of limitations, the result of which is a low forecasting accuracy. The proposed approach, unlike the existing ones, allows to: 1) determine the optimal dimension of the information space of diagnostic factors; 2) find the optimal number of classes of situations for which differentiated management strategies can be developed; 3) determine the period of pre-emption, which does not require updating the models of retrospective diagnostics. This makes it possible to identify the class of not only current, but also forecast situations for a given horizon of proactive management and to choose an adequate preventive strategy.

Keywords: Corporate system, evaluation, long-term financial stability, methods of business analytics of multidimensional processes, modelling, proactive manage-ment.

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Lidiya Guryanova, Olena Bolotova, Vitalii Gvozdytskyi, Sergienko Olena, Long-term financial sustainability: An evaluation methodology with threats considerations in "RIVISTA DI STUDI SULLA SOSTENIBILITA'" 1/2020, pp 47-69, DOI: 10.3280/RISS2020-001004